ADNOC Gas Secures $450 Million LNG Supply Deal with JERA
(P&GJ) — ADNOC Gas has signed a $450 million (AED1.653 billion) three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets, reinforcing its long-standing energy partnership with Japan.
The LNG will be sourced from ADNOC Gas’ Das Island liquefaction facility, which has an annual production capacity of 6 million tons. Das Island, one of the world's longest-operating LNG plants, has delivered more than 3,500 cargoes since operations began.
“This agreement builds on the robust UAE-Japan energy relationship and decades of collaboration between ADNOC Gas and JERA, solidifying our shared commitment to ensuring energy security and enabling a lower-carbon future,” said Fatema Al Nuaimi, CEO of ADNOC Gas.
Kazunori Kasai, chairman of JERA Global Markets, emphasized the importance of the deal. “As a utility-backed trader, JERA Global Markets’ purpose is to provide energy security to the communities that we serve. This supply agreement with our long-standing partner ADNOC Gas reflects the active measures we take to ensure that our global portfolio remains diverse, flexible, and competitive.”
The deal builds on ADNOC Gas’ 48-year history of supplying LNG to Japan and follows a similar supply agreement signed in 2023.
Related News
Related News
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
- Energy Transfer to Build $5.3 Billion Permian Gas Pipeline to Supply Southwest
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Strike Pioneers First-of-Its-Kind Pipe-in-Pipe Installation on Gulf Coast with Enbridge
- Enbridge Sees High Demand to Expand 593-Mile Canada-to-U.S. Gulf Oil Pipeline
Comments